The Jordanian government has approved an initiative to establish a comprehensive regulatory framework for digital assets within a year. The framework aims to align Jordan's regulations with global standards and foster a robust digital economy. The government has directed the Jordan Securities Commission to develop requirements for entities engaged in virtual assets and create a legal and technical infrastructure for licensing and regulating global trading platforms. The initiative comes after Jordan approved its blockchain policy, which aims to leverage blockchain technology to increase citizens' confidence in government services. A ministerial committee has been formed to address potential challenges and oversee the regulatory process, chaired by the minister of digital economy and entrepreneurship.



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